Tag: Crude oil trading
Oil Collapse: Now What?
Wow… Last week was a whopper for West Texas Intermediate (WTI) crude oil. The essential commodity collapsed to $83 a barrel in last Thursday’s extended hours trading. That’s a 7.7% downturn on the week and the lowest price in nearly two and half years. Brent crude, which is considered the global benchmark, plunged to $88.50- […]
